Ohio Adds 4,000 Construction Jobs (AGC)

In the latest Data DIGest, AGC's Chief Economist, Ken Simonson, provides the following statistics:

• Seasonally adjusted construction employment increased in 34 states between December 2012 and December 2013
• Ohio saw the largest increase, adding 4,000 jobs for an incease of 2.3%
• The employment cost index rose .5% in the fourth quarter
• 2013 collective bargaining resulted in raises averaging 2.2% and 2.6 for 2013 and 2014 respectively
• Material and equipment costs rose in January due mainly to an increase in the price of steel
• GDP increased 3.2% in the fourth quarter

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